Overtime Pay Calculator
Overtime Pay Calculator – Accurately Estimate Your Earnings
Tracking overtime pay can be confusing if you’re trying to calculate manually. Our Overtime Pay Calculator makes it simple: enter your base hourly rate, number of regular hours worked, overtime hours, and the preferred overtime multiplier (e.g., 1.5×, 2×). Instantly see your regular pay, overtime pay, and total earnings—paired with a visual chart to understand the split.
Why Overtime Matters
- 🔹 Many companies compensate overtime at 1.5–2× the regular rate.
- 🔹 Ensures fair pay for extra hours.
- 🔹 Helps you decide if working overtime is financially worthwhile.
- 🔹 Ideal for freelancers, part-timers, and hourly wage earners.
How to Use the Overtime Pay Calculator
- Set your base hourly rate (₹ or $).
- Enter your regular hours per week or shift.
- Enter overtime hours performed.
- Set the overtime multiplier (e.g., 1.5 for time-and-a-half).
- The tool calculates both components separately and provides total earnings.
Common Overtime Rules
- In many countries like the US and India, overtime is paid after 8 hours/day or 40 hours/week.
- Overtime earnings may be taxed at a higher rate.
- Your employment contract or labor laws may specify different overtime rates.
Why Use This Calculator?
- 🔸 Avoid payroll errors and underpayment.
- 🔸 See how extra hours affect income breakdown.
- 🔸 Calculate compensations before negotiating.
- 🔸 Budget better by including overtime income.
Tips for Accurate Calculations
- Ensure correct overtime multiplier (1.5x = time-and-a-half).
- Include unpaid breaks or taxes separately.
- Review company policy for special rates (e.g., weekends, holidays).
- Adjust weekly hours as your schedule changes.
FAQs – Overtime Pay Calculator
1. What is an overtime multiplier?
An overtime multiplier determines how much extra you get for overtime (e.g., 1.5× means 50% extra pay per overtime hour).
2. Does this calculator include bonuses or commissions?
No. It only covers hourly wage and overtime. Include fixed bonuses or commissions separately.
3. How do I calculate overtime pay for weekends or holidays?
Use a higher multiplier (e.g., 2× or 3×) that reflects your company or legal policy for holiday work.
4. Can I calculate daily overtime here?
Yes. Enter your daily hours as “Regular” and overtime hours separately; the tool totals them accordingly.